7514 Nicholforest Lane
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2020 | Sold | ||
| Sold | |||
| Sep 3, 2020 | Listed by Realty ONE Group Iconic | $260,000 | |
| Listed by Realty ONE Group Iconic | |||
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LOCATION, LOCATION, LOCATION! This adorable & well maintained one story home, in the highly desirable neighborhood of Coventry, is nestled between Augusta Pines and The Woodlands Creekside area in Spring. Pride of ownership is apparent from the moment you pull into the driveway. Loaded down with fantastic upgrades such as a water softener, upgraded appliances, quartz countertops in the kitchen, customizable Elfa organization system in the primary closet, brand new flooring throughout entire home, Epoxy flooring in garage and so much more!!! Lovely, family friendly neighborhood tucked just one street away from The Woodlands Creekside with access to it all... Lakes, walking & biking trails, water park, outdoor parks, neighborhood pool, restaurants, low annual HOA dues and less than 5 minutes from HEB, Kroger and Creekside Market Street. Zoned to the top/best schools in Klein ISD, all of which are also minutes from the home. Schedule your showing now because this one is sure to go fast!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017